Borgun, a European payment processor and merchant acquirer, announced earlier this week it has signed an agreement with the fintech and insurtech company novae to support its digital transformation. Borgun reported that it and novae are aiming to co-create solutions in a digital capability framework… Read More
Dragon Den alum GripIt is set to close its latest equity crowdfunding campaign on Crowdcube with more than £1.1 million thanks to over 600 investors. The funding round, which comes less than two years after the company raised more than £2 million through its second… Read More
dozens, a “new banking and wealth management alternative,” has successfully secured its initial £3.5 million equity crowdfunding target on Seedrs. The funding round has attracted more than 1660 investors so far. As previously reported, dozens describes itself as a new home for money, one that… Read More
Credijusto, an SME lending platform that is based in Mexico, announced on Friday it has closed a credit facility with Goldman Sachs for up to $100 million. According to Credijusto, The transaction provides the lender with the funding capacity to further expand its lending across… Read More
Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that 12 financial institutions have signed up with its second Payment Services Directive (PSD2) solution. Avaloq reported that it launched the service at the end of last year… Read More
Cryptocurrency exchange Binance announced earlier this week its entry in the Australian market with the launch of Binance Lite, a secure platform allowing users to exchange cash for digital currency, as well as the hiring of its first Australian employee and committing its investee TravelbyBit… Read More
IPC, a global provider of secure, compliant communications and networking solutions for the financial markets community, announced on Thursday it has formed a partnership with Omniex, an institutionally focused investment and trading platform for digital assets, to allow institutional investors to now access a variety… Read More
Blockchain fintech company, Blackmoon, announced on Friday it has formed a strategic partnership with Daneel.io (Daneel), an Information Technology and Services firm whose goal is to develop an AI capable of detecting fake news in the Blockchain market, create a branded Exchange Traded Index (ETx)…. Read More
Saphron, an insurtech based in the Philippines, has reportedly secured S$1.4 million through its seed funding round, which was led by Sage and Talino Labs. Saphron revealed it was built out of its “bold ambition” to make insurance radically accessible through powerful and seamless technology…. Read More
Akulaku, a SE Asia-based fintech, is reportedly set to acquire Indonesian lending bank Yudha Bhakti for Rp 158 Billion ($11 million). Founded in 2016, Akulaku is a fintech company that is focused on providing financial services to the underserved. The company has established offices in five countries/regions,… Read More
RiverNorth Marketplace Lending Corporation, an established and currently operating as a closed-end interval fund dedicated to the marketplace lending asset class, announced on Thursday its Board of Directors has approved the listing of the Fund’s shares so that they may be traded in the secondary… Read More
Chinese cryptocurrency exchange CoinAll announced on Thursday the launch of a new user campaign which will last a month and features a 10,000 USDT bonus pool. It was revealed that users who complete the two-task mission will have a chance to share in the bonus. According to CoinAll,… Read More
dozens, a “new banking and wealth management alternative,” is now seeking £3.5 million through its new equity crowdfunding campaign on Seedrs. Founded in 2018, dozens describes itself as a new home for money, one that constantly helps users save and earn higher interest. It brings… Read More
UK-based crowdfunding brewery BrewDog announced on Thursday it has appointed Allison Green to be CEO of BrewDog USA, which is located nearly Columbus, Ohio. BrewDog reported that Green has been part of its crew for the past three and a half years as Global Chief… Read More
Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Wednesday it has been named the first acquirer that enabling Amazon Pay for its merchants. According to WorldPay, merchants who now accept payments in the U.S. may utilize Amazon Pay to provide what it calls an… Read More
Wirex, a hybrid personal finance platform that merges blockchain tech and traditional finance, announced last week the launch of its new cryptocurrency-friendly business account. This news comes just a little over six months after Wirex received its e-money license from the UK Financial Conduct Authority… Read More
FM Global, a commercial property insurer whose clients include more than one-third of Fortune 1000 companies, announced on Wednesday it has formed a partnership with Plug and Play, a global innovation platform. According to GM Global, startups accepted into Plug and Play’s platform will have… Read More
Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday its significant growth and an expanded portfolio of payments and cash management solutions that increase business opportunities for its clients. Galileo reported its client base grew 34 percent and the company’s number of employees increased… Read More
Real estate investment platform PeerStreet announced on Wednesday the launch of a new loan product for private lenders: Residential for Rent loans. According to PeerStreet, Residential for Rent loans have a 30-year term so borrowers can secure long-term financing for residential rental properties. PeerStreet reported that… Read More
æternity, the blockchain 3.0 platform designed to deliver unmatched efficiency, transparent governance and global scalability, announced on Wednesday it has acquired a stake in SatoshiPay during its latest funding round, integrating the micropayment services platform as part of a wider push to put in place… Read More
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